Closed

$525,000

7018 Dorchester Avenue, Chicago, IL 60637
9 Beds3 Baths24 days
7018 Dorchester Avenue·Chicago, IL 60637
9Bedrooms
3Bathrooms
2005Year Built
About This Home

Take advantage of this outstanding opportunity to own a well-maintained 3-unit investment property in the heart of Chicago's thriving South Side. Ideally located near the Obama Presidential Center and surrounded by significant neighborhood revitalization, this property offers excellent income potential with room for growth. The building features three spacious units, each offering 3 bedrooms and 1 full bathroom, for a total of 9 bedrooms and 3 bathrooms. Thoughtful modern updates, including contemporary finishes and stainless steel appliances, enhance the appeal of the living spaces. Units 1 and 2 are currently tenant-occupied, providing immediate rental income, while Unit 3 is vacant, offering the flexibility to lease at current market rents or occupy the unit yourself. Additional amenities include rear exterior parking for added tenant convenience. Residents will appreciate the close proximity to Jackson Park, Lake Michigan, shopping, dining, schools, and everyday conveniences. Easy access to CTA bus routes, Metra, and major roadways makes commuting throughout the city simple and convenient. Whether you're expanding your investment portfolio or searching for a multi-unit property with immediate income and future upside, this is an opportunity you don't want to miss.

MLS# 12694364Listed July 15, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms3
Total Rooms20

Size & Structure

Year Built2005
Lot Size3,114

Location

CountyCook
TownshipHyde Park
Zip Code60637

Financial

List Price$525,000
Annual Taxes (2024)$10,381
Monthly Tax Est.$865
Parcel #20234210200000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

UnassignedYesOwned
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Wadsworth Elementary School
District: 299
Middle School
Wadsworth Elementary School
District: 299
High School
Hyde Park Career Academy Senior
District: 299
Tax & Financial
Annual Taxes
$10,381
Tax Year 2024
Monthly Tax Est.
$865
per month
Property Location

7018 Dorchester Avenue, Chicago, IL 60637 — Cook County

$525,000
7018 Dorchester Avenue
9 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
24 days on market
3,114
$10,381/yr taxes
$3,624
estimated monthly payment
Principal & Interest
$2,759/mo
Property Tax
$865/mo
$525,000
20% — $105,000
3%50%
6.875%
3%12%
Loan Amount
$420,000
Down Payment
$105,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Redfin Corporation
Agent: Jean Walker
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